Commissioner Bud Selig Receives 2 Year Extension

Commissioner Bud Selig’s contract was extended for two years, through the 2014 season, by Major League Baseball owners.

Selig’s compensation, which includes the use of a private jet, is in excess of $22 million annually, according to a source.

ESPN.com first reported that Selig will be offered an additional term when owners meet Wednesday and Thursday in Scottsdale, Ariz. Two owners, speaking on condition of anonymity so as not to attract criticism from Selig, told The Associated Press on Tuesday that a new term will be proposed.

Selig has been instrumental in implementing the wildcard into the playoff system and incorporating instant replay to minimize mistakes by umpires.